Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Germany - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Germany (CIF) - 2023
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Germany (FOB) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Germany
- Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Germany
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Germany (CIF) - 2023
The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $4,434 per ton in November 2023, with a decrease of -13.2% against the previous month. In general, the import price showed a pronounced descent. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 650% against the previous month. As a result, import price attained the peak level of $38,138 per ton. From February 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($64,790 per ton), while the price for Belgium ($2,536 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.9%), while the prices for the other major suppliers experienced a decline.
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Germany (FOB) - 2022
The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $16,786 per ton in 2022, growing by 73% against the previous year. Over the period under review, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($90,592 per ton), while the average price for exports to India ($4,574 per ton) was amongst the lowest.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+87.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Germany
In 2022, approx. 988 tons of aldehydes; cyclic, without other oxygen function, benzaldehydes were imported into Germany; shrinking by -7% against the year before. Overall, imports faced a abrupt decline.
In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes soared to $6.3M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,252 | 2,317 | 2,300 | 3,158 | 11.9% |
| Netherlands | 1,777 | 480 | 1,147 | 1,648 | -2.5% |
| Belgium | 566 | 667 | 798 | 799 | 12.2% |
| United States | 54.7 | 31.4 | 36.7 | 203 | 54.8% |
| Spain | 25.0 | 191 | 367 | 175 | 91.3% |
| France | 27.3 | 55.2 | 70.7 | 136 | 70.8% |
| India | 819 | 332 | 234 | 101 | -50.2% |
| United Kingdom | 621 | 1,073 | 46.4 | 32.3 | -62.7% |
| Others | 24.0 | 16.3 | 2.0 | 4.8 | -41.5% |
| Total | 6,165 | 5,163 | 5,001 | 6,257 | 0.5% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Germany in 2022:
- Netherlands (553.9 tons)
- Belgium (239.0 tons)
- India (51.0 tons)
- France (43.5 tons)
- China (42.1 tons)
- Spain (29.3 tons)
- United States (23.3 tons)
- United Kingdom (5.5 tons)
Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Germany
For the third year in a row, Germany recorded decline in shipments abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes, which decreased by -43.9% to 95 tons in 2022. Over the period under review, exports recorded a precipitous descent. The smallest decline of -15.4% was in 2021.
In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes shrank to $1.6M in 2022. Overall, exports continue to indicate a abrupt slump.
| Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 341 | 315 | 338 | 494 | 13.2% |
| France | 297 | 503 | 413 | 268 | -3.4% |
| Poland | 10.5 | 129 | 8.4 | 215 | 173.6% |
| Italy | 132 | 251 | 195 | 195 | 13.9% |
| Belgium | 23.8 | 18.6 | 4.0 | 123 | 72.9% |
| Spain | 6.2 | 10.6 | 23.4 | 26.6 | 62.5% |
| Switzerland | 5.6 | 11.7 | 30.6 | 19.6 | 51.8% |
| United Kingdom | 907 | 334 | 245 | 19.2 | -72.3% |
| Latvia | 54.0 | 59.5 | 67.7 | 19.1 | -29.3% |
| Slovenia | 0.4 | 0.7 | 3.7 | 17.8 | 254.4% |
| India | 4.6 | 12.0 | 11.0 | 8.0 | 20.3% |
| Others | 346 | 259 | 305 | 192 | -17.8% |
| Total | 2,128 | 1,903 | 1,645 | 1,597 | -9.1% |
Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from Germany in 2022:
- France (23.1 tons)
- Poland (17.6 tons)
- Netherlands (17.5 tons)
- Belgium (16.7 tons)
- Latvia (3.2 tons)
- Slovenia (2.6 tons)
- Italy (2.2 tons)
- Switzerland (2.2 tons)
- Spain (1.9 tons)
- India (1.8 tons)
- United Kingdom (0.7 tons)
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